Answer: C - $30,000
Explanation: Johnston Company wants to double production of Product X from 1,000 units to 2,000 units.
The variable manufacturing cost per unit is $10. The variable non manufacturing cost per unit is $20.
The selling price per unit is $50
To increase production by 1000 units
Total cost is $10 + $20 = $30
Total incremental cost = 1,000 * $30= $30,000
Answer:
Inventory TO 5.5
This means Ortiz sales his inventory 5.5 times per year.
Explanation:
Inventory turnover for Ortiz
where:
COGS: 66,000
In this case the average inventory is provided already: 12,000
Inventory TO 5.5
This means Ortiz sales his inventory 5.5 times per year.
<span>Gregory's rules of thumb, which he uses in decision making, are known as heuristics.
Heuristic refers to a solution to a problem - it is something you employ in order to achieve the best results possible. These methods you use may not be perfect, but they will help you do what you intended to do properly.
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The correct answer is option D, uninsured motorists protection
In the uninsured motorists protection, an individual gets medical insurance who has faced accident due to low liability of the driver (or any person driving the car) to meet the expenses of the accident as he was not having insurance